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Currency Crisis: Sending Money To Someone in a Pinch Abroad (WallStreet Journ...
Figuring out the ins and outs of using money-transfer services while abroad can be daunting. We tested five companies for sending money internationally and found that whatever service you choose, beware that fees lurk everywhere.

Economic effect caused by outflow of currency negligible (The Star)
KUALA LUMPUR: It's untrue that the ringgit's value has gone down partly due to the currency outflow caused by foreign workers who bring their money home to their home countries, Deputy Finance Minister Datuk Kong Cho Ha said.

Israel to send truckful of money to replace worn-out currency in Gaza (People...
Israel will send guarded trucks from the Brink's Company to the Gaza Strip on Tuesday in order to replace worn-out currency accumulated by Palestinians, Israel Army Radio reported. Israel is interested in preventing a situation in which Palestinians issue an independent currency that would compete with Israel's currency Shekel, said the report. The process, executed for the first time two weeks ...

China to broaden currency exchange options in Shanghai, Beijing (AFP via Yaho...
China's foreign exchange regulator said Wednesday it will allow non-financial institutions in Beijing and Shanghai to offer currency exchange services to individuals.

Three brothers sent to jail for currency forgery (The Peninsula)
DOHA • The Upper Criminal Court has convicted three brothers of counterfeiting currency and circulating the fake notes in the country. The three were sentenced terms to five, two and one year in prison.

Currency market reacts positively (Business Recorder)
ISLAMABAD (August 19 2008): Leading money changers of Rawalpindi and Islamabad on Monday closed their businesses during President Pervez Musharraf's speech on expectations of highly volatility in the rupee-dollar parity during the day's panic-like situation in the currency markets here.

Gulf on course for a common currency: report (New Kerala)
Dubai, Aug 19 : The Gulf Cooperation Council (GCC) is on schedule to meet the key requirements by 2010 for a common currency, according to a report.

MONEY & BANKING (The Hindu)
DERIVATIVES MARKETS: Currency futures on NSE from Aug 29 Mumbai, Aug. 20 It is not just corporations, banks and traders, but also individuals who can hedge their foreign exchange risks when trading in foreign currency futures commences this month end on National Stock ...

China to broaden currency exchange options in Shanghai, Beijing (TODAYonline)
Chinese yuan notes being held in front of a poster of late Chinese leader Mao Zedong in Shanghai. China's foreign exchange regulator has said it will allow non-financial institutions in Beijing and Shanghai to offer currency exchange services to individuals

Gulf on course for common currency (MENAFN)
Gulf on course for common currency



 
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